Obviously, flowing from the controversy surrounding the constitutionality and/or legality of the constituency projects of given to members of the National Assembly as well as the corruption to which the funds have been enmeshed, the senate recently passed for second reading a bill seeking to legalise constituency projects and dedicate 20 percent of annual national budgets to such zonal intervention Read More
This is to express my view on the poor state of the education sector in the country. For public schools, pragmatic policies and programmes should be formulated and implemented before they collapse. We all know how other countries around the world improve their education sector to improve their people and develop their economies. But, the situation in Nigeria is pathetic Read More
The federal government has said the implementation of the Memorandum of Action (MOA) signed with the Academic Staff Union of Universities (ASUU) is on course and progressing without hitches. Minister for Labour and Employment Dr Chris Ngige, stated this at the end of a meeting between the government and ASUU to review the progress made in the implementation of the Read More
The Federal Capital Territory (FCT) Administration has stated that measures have been put in place for the immediate take off of the Special Agro-industrial Processing Zone (SAPZ) in livestock production.Specifically, the administration has made provisions in the 2021 budget to the tune of N5 billion as counterpart funds for the actualisation of the project in the nation’s capital. The chairman Read More
…CBN policy needs review – Expert, … Apex bank blames inflation on insecurity, petrol price hike, others Inflation in Nigeria hit a four-year peak in February as food prices jumped more than 20 per cent. In this report, BENJAMIN SAMSON examines implications for most households already faced with shrinking income in a stagnant economy. The National Bureau of Statistics (NBS) Read More
Abracadabra is now commonly used as an incantation in the performance of magic. Literally, it is used as the more you look, the less you know or see. Abracadabra is the best word to describe what is going on in Port Harcourt Refinery. The refinery is situated at Alesa Eleme, 19 kilometres from Port Harcourt city. I have visited the Read More
Nigeria’s N13.58 trillion 2021 budget may have received the desired boost as the federal government has announced plans to commence a bid licensing round for bitumen fields across the country. A press statement, Sunday, said the Minister of Mines and Steel Development, Mr. Olamilekan Adegbite, made the revelation during the first quarter webinar series organised by the Institute of Change Read More
Vice President Professor Yemi Osinbajo has said the integration of artisanal and modular refinery operators into mainstream oil and gas sector will promote local content in the industry and advance home grown technology in the refining of petroleum products. He stated this on Tuesday, during a National Summit webinar meeting on the Integration of Artisanal and Modular Refinery Operations in Read More
The Executive Secretary, Pension Transitional Arrangement Directorate (PTAD), Dr. Chioma Ejikeme, has re-affirmed the management’s commitment to recognizing hard work and career progression. She stated this while congratulating two acting directors on the confirmation of their appointment and fifteen (15) PTAD staff on their success in the 2020 Promotion Exercise. The successful officers range from the junior to senior cadre Read More
Nigeria’s organised labour has insisted that the House of Representatives should forget about the bill seeking to remove the National Minimum Wage from the exclusive legislative list, to the concurrent list of the 1999 Constitution. The bill, initiated in the House, had already passed second reading, even as the organised labour insisted it won’t fly. “Our prayer goes to the Read More
Late last week, there were widespread media reports, citing the National Security Adviser to President Muhammadu Buhari, Babagana Monguno, alleging that no records of arms procurement under the immediate past service chiefs were available, suggesting that the funds may have been misappropriated. JOSHUA EGBODO writes on implications of the immediate intervention of the House of Representatives The reportThe National Security Read More
The Bauchi state coordinator of the Small Women Farmers Organization of Nigeria (SWOFON) Hajiya Marka Abbas has asserted that if women farmers are supported, they can feed the nation. She made the assertion Monday during a dialogue on the agricultural joint sector review and the biennial report review organized by ‘Fahimta Women and Youth Development Initiative’ (FAWOYDI) in partnership with Read More
Moderation in political ideology, religious practice and feeding among other things, ultimately results in peace and harmony in human nature and in what constitutes human society. Extremism results in violence, rebellion and war for failure to accept the very austere position of ideas and ideology especially in religion and politics. Nations and states battle on how to deal with extremists Read More
The Sokoto state governor, Hon. Aminu Waziri Tambuwal, has said his administration will build forty model secondary schools to achieve meaningful development across the state. The government has, similarly, revealed its agenda of building one hundred and sixty (160) new primary and secondary schools in the state has recorded more than 50% of accomplishment. The Sokoto state governor, who made Read More
The leadership of the National Assembly has taken up the executive arm of government on implementation of the capital component of the 2020 budget extended to March 31 this year . This is as the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, informed the federal lawmakers that as at the end of January this year, 30% implementation Read More
The expectation expressed by the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, to the effect that if Nigeria is able to receive even $2 billion monthly Diaspora remittances the exchange rate of the naira will be boosted, albeit speculative. The minister’s permutation is probably borne out of the inability of the nation’s monetary authority, namely, the Central Read More
Nigeria has cause to be confident this year as Brent oil prices rose on Wednesday, the highest since February last year after Saudi Arabia said it will make bigger cuts in output than expected during a meeting with allied producers. Analysts say, the new price ensures that the country is on the right path with its crude oil price benchmark Read More
The expectation expressed by the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, to the effect that if Nigeria is able to receive even $2 billion monthly Diaspora remittances the exchange rate of the naira will be boosted is apt, albeit speculative. The minister’s permutation is probably borne out of the inability of the nation’s monetary authority, namely, Read More
Despite the pain of the disease, grief and deaths, year 2020 stood out as one full of hope of national rebirth in Nigeria. In the midst of the hardship, confusion and uncertainty occasioned by COVID-19, the nation witnessed another growing consciousness in its demands for better life and good governance. It was evident in the #EndSARS protest. When one flips Read More
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed Thursday said if Nigeria is able to receive even $2 billion monthly remittances the exchange rate of the naira will be boosted. She stated this at an interactive session on ‘Improving Remittance Inflows into Nigeria’ in Abuja. According to her, “ If it is just $1billion monthly or moving Read More
The Ogun state Governor, Prince Dapo Abiodun, Wednesday, presented a budget proposal of N339 billion for the 2021 fiscal year to the Ogun state House of Assembly for approval. The 2021 appropriation ill tagged ‘Budget of Recovery and Sustainability’ highlights the key sectors and budgetary allocations for rapid development of the State.The budget which is the second full year budget to be presented Read More
The Minister of Federal Capital Territory (FCT), Musa Bello, informed the Senate Tuesday, that the territory spent N28.5billion on sundry activities to tackle the Coronavirus pandemic within Abuja, especially during the lockdown. Briefing members of the Senate committee on FCT during the presentation of the revised 2020 budget of the ministry, the Minister said the fund was spent on provision of Read More
The Northeast governors have accused the federal government of shortchanging the region with the proposed N45.32bn for capital projects in the 2021 budget. The governor under auspices of the Northeast Governors Forum (NEGF) said the proposed amount was too small in view of the infrastructural deficit in the region and called for its review. Rising from their 3rd meeting in Read More
It was hard criticism on Thursday, when Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Mr. Mele Kyari appeared alongside his management team to present the organistaion’s budget before a joint committee of the House of Representatives. The GMD had after a background remark on the performance and challenges being faced by the Corporation, asked a subordinate to Read More
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, said Wednesday that President Muhammadu Buhari would soon receive a report of the presidential committee on the reopening of the country’s borders. The minister said this while briefing State House correspondents at the end of the weekly Federal Executive Council (FEC) meeting in Abuja. She said the committee had Read More
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